CNH Industrial has announced the addition of Carlo Materazzo as Chief Manufacturing Officer and Britton Worthen as Chief Legal and Compliance Officer, both effective January 1, 2026. These appointments bolster the company’s Global Leadership Team, reflecting a targeted effort to enhance operational excellence and governance as CNH pursues its growth and transformation objectives across key markets.

In his new role, Carlo Materazzo will oversee CNH’s agriculture and industrial manufacturing operations spanning five regions and 15 countries. With more than 20 years of international experience in manufacturing, operations and logistics at leading global equipment firms, Materazzo is expected to optimize production workflows, reduce unit costs and accelerate time-to-market for new machinery lines. His mandate includes improving plant utilization rates, which currently average 78%, and advancing the integration of digital process controls across CNH’s 35 production sites worldwide.

Britton Worthen will serve as chief advisor on all legal, regulatory and compliance matters, and operate as Board Secretary to the CNH Board of Directors. Worthen arrives with a track record of leading corporate governance initiatives at multinational corporations, having managed compliance programs covering more than 50 jurisdictions. His responsibilities include implementing enhanced risk-management protocols, tightening internal controls and guiding CNH through evolving environmental and trade regulations.

These leadership changes are aligned with CNH’s ‘Breaking New Ground’ strategic pillars of Innovation, Sustainability and Productivity. Investors should note that strengthening the manufacturing and legal functions is designed to support a mid-term target of raising adjusted operating margins from 7.2% to 8.5% by 2028, while maintaining a debt-to-equity ratio below 1.0. Management expects these appointments to accelerate the rollout of next-generation electric and autonomous equipment, enhancing long-term revenue growth prospects.